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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Countertrend Up (+85) - SEKCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SEKCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.12769900 0.13004371 0.12758059 0.12788300 +0.00018400
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term up The long-term trend has been UP since Jul 25th, 2024 at 0.13310504

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2024 at 0.13246426

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.12903800

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12769900 0.13004371 0.12758059 0.12788300 +0.00018400
Prev. Close Volume Bid Ask Time
0.12769900 2024-07-26 16:59:56
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